Houses remain overvalued in many countries where prices are

• angel7030

  21 Apr 10, 10:16

  What source???, chilli or tomato source ar???,

   

  U check it out yourself lah...wha lau... like this also i have to give you sources...u dunno how to do your own research ar???

• Arapahoe

  21 Apr 10, 10:36

  Originally posted by TooFree:

  If an ordinary person only required a house, I mean one as a shelter. Then does it matter if the houses sold by the builders are overvalued. That should be the worry of the rich who can afford plenty of houses which I dont know of what use.

  private profiteer is part and partial of a private economy. It doesn't necessary means it is totally bad as surplus capital spill over and create new demand. What is a great concern is that excessive speculation on the same pool of flats resulted in high price  means that it is finance by extreme long term loan. 

  Which I am not sure it can be sustained that means the current CPF force saving becomes credit line.  

   

• Arapahoe

  21 Apr 10, 10:39

  Originally posted by angel7030:

  What source???, chilli or tomato source ar???,

   

  U check it out yourself lah...wha lau... like this also i have to give you sources...u dunno how to do your own research ar???

  Continue to make a fool out of yourself in this forum.

  Why don't you pack up and go back to Taiwan.

• charlize

  21 Apr 10, 10:48

  I don't care about how high prices are in other countries.

   

  All I want to know is how come public housing (key word "public housing") is so damn expensive in Singapore.

• noahnoah

  21 Apr 10, 10:50

   

  actually sg complain about HDB prices

  but foreign buyers still claim is cheap

  cheaper better faster then HK properties!!

• angel7030

  21 Apr 10, 10:53

  Originally posted by charlize:

  I don't care about how high prices are in other countries.

   

  All I want to know is how come public housing (key word "public housing") is so damn expensive in Singapore.

  
  because public housing is attached to CPF...and for singaporeans, you need a stick to move them, if housing is cheap and people can pay off within a year or 2, most will lay back at the beach, enjoy life and entertainment like no tomorrow.

  Therefore, with one stone, govt can kill 2 birds, first, they can collect more money, secondly, they can make all of you work and work till you drop so that the economy of Singapore remain vibrant and churning.

  PAP, damn Brilliant..should give them a Nobel Prize

• charlize

  21 Apr 10, 12:37

  Originally posted by angel7030:

  
  because public housing is attached to CPF...and for singaporeans, you need a stick to move them, if housing is cheap and people can pay off within a year or 2, most will lay back at the beach, enjoy life and entertainment like no tomorrow.

  Therefore, with one stone, govt can kill 2 birds, first, they can collect more money, secondly, they can make all of you work and work till you drop so that the economy of Singapore remain vibrant and churning.

  PAP, damn Brilliant..should give them a Nobel Prize

  This is one of those rare times you talk sense.

   

  2 thumbs up.

• angel7030

  21 Apr 10, 13:01

  i beg yr pardon, i have alway talk sense, just that peoples are not clever enuf to see it. 

   

  Just look at our surrounding countries, houses very cheap, cars very cheap, tax very low....even you sit inside the kampung house and dun work, life still can go on..and that is what happening, lazing around. You want singapore to be like that??

• CheckmateA1

  21 Apr 10, 15:23

  Originally posted by angel7030:

  What source???, chilli or tomato source ar???,

   

  U check it out yourself lah...wha lau... like this also i have to give you sources...u dunno how to do your own research ar???

  
  kpkb for wtf

  just roll back to taiwan and continue to kpkb over there

• angel7030

  22 Apr 10, 14:39

  Originally posted by CheckmateA1:

  
  kpkb for wtf

  just roll back to taiwan and continue to kpkb over there